SC rejects customs dept's plea against Adani Group on over-valuation of imported goods

Times of India

Lean Right

SC rejects custom's plea on alleged overvaluation in import of capital goods by Adani firms

The order was passed by the bench on Monday after it heard the detailed arguments of the lawyers representing the customs department and the Adani firms. According to a lawyer associated with the case, the court found that the project cost of APML and APRL was either similar or lower than the price of their competitors.